LBSAFE AS

6012 ÅLESUND

Finances

Return on Equity

36,41 %

Current Ratio

3,2

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020
Revenue	87 000	−434 000	768 000
Net Income	71 000	−480 000	574 000
Total Assets	238 000	163 000	796 000
Total Equity	195 000	124 000	604 000

Income (NOK)	2022	2021	2020
Revenue	87 000	−434 000	768 000
Expenditure	16 000	46 000	31 000
Operating Profit	71 000	−480 000	736 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	71 000	−480 000	736 000
Tax	0	0	162 000
Net Income	71 000	−480 000	574 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	158 000	158 000	17 000
Total Current Assets	80 000	6 000	778 000
Total Assets	238 000	163 000	796 000
Total Retained Equity	165 000	94 000	574 000
Total Equity	195 000	124 000	604 000
Total Long-Term Debt	18 000	18 000	2 000
Total Current Debt	25 000	21 000	189 000
Total Equity and Debt	238 000	163 000	796 000

Cash flow (NOK)	2022	2021	2020
Sales Income	87 000	−434 000	768 000
Other Income	0	0	0
Revenue	87 000	−434 000	768 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	16 000	46 000	31 000
Operating Profit	71 000	−480 000	736 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	71 000	−480 000	574 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	17 000
Total Tangible Assets	0	0	17 000
Total Fiancial Fixed Assets	158 000	158 000	0
Total Fixed Assets	158 000	158 000	17 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	14 000	6 000	143 000
Total Current Assets	80 000	6 000	778 000
Total Assets	238 000	163 000	796 000
Total Equity	195 000	124 000	604 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	18 000	18 000	2 000
Creditors	0	1 000	1 000
Unpaid Taxes	0	0	56 000
Dividends	0	0	0
Other Current Debt	25 000	20 000	−29 000
Total Current Debt	25 000	21 000	189 000
Total Equity and Debt	238 000	163 000	796 000

Financial indicators	2022	2021	2020
Return on Equity	36,41 %	−387,1 %	95,03 %
Debt-to-Equity Ratio	0,09	0,15	0
Operating Profit Margin	81,61 %	110,6 %	95,83 %
Current Ratio	3,2	0,29	4,12
Quick Ratio	3,2	0,29	4,12
Equity Ratio	0,82	0,76	0,76
Gross Profit Margin	100 %	100 %	100 %